Lake Front Opportunity - Devils Lake - Manitou Beach

Overview

Devils Lake — Manitou Beach, MIA Rare Lakefront Development Opportunity in the Irish HillsDevils Lake anchors the Irish Hills, one of southeast Michigan's most established lake recreation corridors — a ±1,330-acre, all-sports lake with depths exceeding 90 feet, 45 minutes from Ann Arbor and 20 minutes from Tecumseh via US-12. The offering is a ±8.1-acre lakefront site in Manitou Beach, the lake's commercial hub, with an option to assemble an additional ±0.9 acres for a total of ±9 acres. The site is offered as-is, supported by a preliminary concept layout and a professional aerial film, in a shoreline market defined by predominantly private residential ownership and very limited developable inventory.Build your own private waterfront estate or compound or develop the site for multiple homes. The parcel is a scalable canvas suited to a high-end lakefront program: concepts range from 11 single-family waterfront home sites to a 30-unit luxury condominium community, with residential-marina and boardwalk frontage among the design possibilities, and the adjoining assembly positioned for a resident clubhouse amenity.Concept Rendering #1: 11 homes + boardwalk marina, home sites around a shared boardwalk and marina basin - the raised-walkway approach the township has favored; Concept Rendering #2: 11 homes, dredged to waterfront, dredge so each of the 11 lots fronts water with a private dock-canal-style waterfront homes; Concept Rendering #3: large condominium community, dredge a central marina basin for a larger condominium community - the maximum-density upside.Market data shows new construction waterfront listings on Devils Lake and surrounding lakes have a median SOLD price of $1.2 million. Demand is driven by second home and day-trip buyers from Ann Arbor, Toledo, and Jackson, and reinforced by the surrounding amenity base — more than 50 lakes within a 15-mile radius, state parks and hiking trails, wineries, marinas, and the Manitou Beach commercial district itself.For a developer building luxury lakefront product in the Great Lakes region, this is a ground-floor position on one of the last assemblage waterfront parcels of scale on Devils Lake.manitoubeachmichigan.com | manitoubeachmichigan.com/wineries | https://www.irishhills.com/irish-hills-recreation/Concept renderings and video are illustrative only; dredging, marina, and density are subject to feasibility and EGLE / Woodstock Township approval pursued by the buyer. *Conservation-easement benefits require a qualified appraisal and each party's own tax and legal advisors. Information deemed reliable but not guaranteed.